hard currency

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Related to Hard currencies: Soft currency
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  • noun

Synonyms for hard currency

a currency that is not likely to depreciate suddenly in value

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References in periodicals archive ?
He all hard currencies received from export would be re-injected to commercial banks to help in import through private sector.
A top official with Japan's central bank has said that digital currencies will take time to topple hard currencies, especially in nations where the financial infrastructure is well established, according to Reuters.
The purchased quantities of hard currencies grew by 12.
Another way to limit financial risk in joint ventures is to retain a portion of hard currencies in foreign banks.
The dinar, unlike the ruble and other Eastern European currencies, is convertible to hard currencies.
Merk Investments today announced the launch of the Merk Hard Currency Fund(TM), a mutual fund that invests in a basket of hard currencies assembled to protect against the fall of the dollar.
Khartoum, 20 Nov (SUNA) - The Government on Monday warned that legal measures and direct charges of sabotage of national economy, terrorism funding, and money laundry would be taken against those involved in hard currencies black market, no matter what their positions.
The source said that the arrests that took place during the last two days were carried out by the National Intelligence and Security Forces (NISS) whose agents also confiscated all the hard currencies found in the possession of the detainees.
04% at end-June 2003), it has also built-up a large liquidity reserve, over 80% of which is made up of deposits in banks outside the region rated 'A' or better and high-grade assets denominated in hard currencies.
He said measures would be taken later to besiege brokerage in hard currencies saying that central bank would take a number of measures to organize the export and import operation in accordance with new management and new bases for the exchange rate, all on time.